LDT Inc. (KOSDAQ:A096870) agreed to acquire Comart System Co., Ltd. from SL Investment and other shareholders for KRW 950 million on December 27, 2013. The merger rate between LDT Inc. and Comartsystem Co.,Ltd. is 1 to 0.4493392 and LDT Inc. will issue approximately 0.36 million shares as consideration. The transaction is expected to close on March 24, 2014. As on January 20, 2014, the merger ratio was amended to 1 to 0.2618392 and 0.21 million shares will be issued in the transaction. As of September 30, 2013, Comart System Co., Ltd. reported total assets of KRW 2.8 billion, total liabilities of KRW 654.02 million and total shareholders' equity of KRW 2.17 billion. Scheduled delivery date of new share certificates is scheduled on April 10, 2014. Listing of new stock (plan) date is scheduled on April 11, 2014. The Board of ComComart approved the transaction on February 4, 2014.

LDT Inc. (KOSDAQ:A096870) completed the acquisition of Comart System Co., Ltd. from SL Investment and other shareholders on March 24, 2014.